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For Sale

Sunset Heights Estate, Beverly Hills

$8,920,891.00

FEATUREs:
  • 6 Bedroom
  • 7 Bathroom
  • 800SqFT
LOCATION:

1040 Ocean, Santa Monica, California

Description

about this house

Overview
  • ID: #prop5-zart
  • Type: House
  • Bedrooms: Rooms
  • Bathrooms: 7 Rooms
  • Size: 800 SqFt
  • Land Size: 1600 SqFt
Property Details
Property ID:
#prop5-zart
Bedrooms:
6
Price:
$8,920,891
Bedrooms:
6
Property Size:
800 SqFt
Bathsrooms:
7
Property Type:
House, Apartment
Property Status:
For Sale
Amenities and features
Home safety:
  • Smoke alarm
  • Carbon monoxide alarm
  • First aid kit
  • Self check-in with lockbox
  • Security cameras
Bedroom:
  • Hangers
  • Bed linens
  • Extra pillows & blankets
  • Iron
  • TV with standard cable
Kitchen:
  • Refrigerator
  • Microwave
  • Dishwasher
  • Coffee maker
Map
  • Address
    1040 Ocean, Santa Monica, California
  • Downtown
    8 min
  • FLL
    14 min
Explore Property
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What’s nearby?

Explore nearby amenities to precisely locate your property and identify surrounding conveniences, providing a comprehensive overview of the living environment and the property's convenience.

  • School: 0 km
  • University: 2 km
  • Grocery center: 0 km
  • Market: 2 km
  • Hospital: 1.92 km
  • Metro station: 1.21 km
  • Gym, wellness: 1.32 km
  • River: 0.92 km
Buy This Property
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Sunset Heights Estate, Beverly Hills
info@propzart.com
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None of the information on our website (“Site”) should be construed as investment, financial, tax, or legal advice.

Information on the Site has been prepared by cityofchoiceproperty, LLC (“cityofchoiceproperty”) without reference to any particular individual’s investment goals or financial situation and contains summary information relating to City of Choice Property investment opportunities (“Offerings”) that is qualified in its entirety by reference to the more detailed discussions contained in the respective Offering Circular filed with the Securities and Exchange Commission (“SEC”) or other offering materials relating to such Offering. You are encouraged to consult with tax, legal, and financial professionals before investing in an Offering.

Review Before Investing:
YOU SHOULD CAREFULLY REVIEW THE RELEVANT City of Choice Property OFFERING CIRCULAR BEFORE DECIDING TO INVEST, A COPY OF WHICH WILL BE AVAILABLE ON THIS WEBSITE HERE, OR ON THE SEC’S EDGAR WEBSITE.

For any proposed Offering pursuant to an Offering Circular that has not yet been qualified by the SEC, no money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the Offering Statement for such Offering has been qualified by the SEC and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.

By using the Site, you agree to the City of Choice Property Terms of Use (which require that disputes be resolved through binding arbitration) and Privacy Policy. For more information about our Site and Offerings, you should review our Important Disclosures.

City of Choice Property is “testing the waters” under Regulation A under the Securities Act of 1933. City of Choice Property can only make sales after an offering statement has been filed, and “qualified” by, the Securities and Exchange Commission (“SEC”). As such, no offer consideration is currently being solicited or accepted and any such offers may be withdrawn or revoked, without obligation, at any time before notice of SEC acceptance. An indication of interest involves no obligation. You must read the offering documents filed with the SEC before investing.

* Not intended to indicate past or expected performance of any security.

Selected Similar Sales Appreciation:
Selected similar sales provide an estimate of the historical appreciation rate of the specific artwork by looking at a set of similar works by the artist that have sold at public auction. The set of similar works selected will include all works by the same artist believed to have features and characteristics that are similar to the subject artwork, which may include size, medium, color, composition elements, period of creation, and other features. The applicable time period for which we calculate Selected Similar Sale Appreciation is from the earliest date that an artwork by the artist was sold at public auction until the most recent date prior to the qualification of an applicable offering that the City of Choice Property public sale database has been updated.

Although the artworks selected for inclusion in the set of similar works have similar characteristics to the subject artwork, each individual artwork is unique in terms of artistic content, coloring, condition, provenance, and other factors. We, therefore, cannot make any determination or representation that our estimate of the historical appreciation rate of an artwork is correct or predictive of future value.

Net Return and IRR:
When City of Choice Property presents the net return of an investment in a sold artwork, “net return” or “IRR” refers to the annualized internal rate of return net of all fees and expenses, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of City of Choice Property paintings not yet sold and past performance is not indicative of future results. For additional information regarding the calculation of IRR for a particular investment in an artwork that has been sold, a reconciliation will be filed as an exhibit to Form 1-U and will be available on the SEC’s website at www.sec.gov.

Total Return and MOIC:
“Total return” or “MOIC” refers to the percentage change or multiple of the amount distributable in respective Class A shares net of all fees and expenses in relation to the initial offering price, calculated from the initial offering date to the date the sale is consummated. MOIC or total return may not be indicative of City of Choice Property paintings not yet sold and past performance is not indicative of future results.

*Reinvested dividends are treated as if you actually received the cash and are taxed accordingly.

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